Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
09:52
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Injective Network Outage Prompts South Korean Exchanges to Suspend INJ Transfers

According to initial market reports, the Injective blockchain network recently experienced a temporary disruption in block production, prompting major South Korean cryptocurrency exchanges to suspend deposits and withdrawals of the INJ token. The incident occurred when the network temporarily stopped confirming new blocks, affecting the synchronization of its distributed ledger. In response, South Korean trading platforms disabled INJ deposits and withdrawals for both retail and institutional cu
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INJ+1.09%
09:46
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PCB Maker Jinxiang Electronics Leads Industry with 28.41 Yuan Nine-Month EPS

On November 10, PCB manufacturer Jinxiang Electronics reported nine-month earnings per share of 28.41 yuan for 2026, leading the sector. The company posted nine-month net profit of 14.653 billion yuan and third-quarter revenue of 29.567 billion yuan, setting records. Kunting Electronics ranked second with nine-month EPS of 24.96 yuan, followed by Unimicron with 17.85 yuan. Both Jinxiang and Kunting are projected to exceed 10 billion yuan in annual revenue this year.
09:43
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Skydance to Cut $6 Billion Annual Costs, Combine HBO Max and Paramount+

According to MoneyDJ, Skydance announced on November 9 plans to reduce annual spending by $6 billion over three years following its October completion of the Warner Bros. Discovery acquisition. The company will introduce a combined HBO Max and Paramount+ streaming offering, targeting integration within one year. In Q3 results, Paramount business revenue grew 5% to $7 billion, with Paramount+ streaming revenue up 21%. Skydance's combined entity carries total debt of $87 billion, with the company
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09:43
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Wix Says Base44 Nears $250M in Annual Recurring Revenue in Q3

According to Calcalist, Wix reported third-quarter revenue of $570.2 million and total annual recurring revenue of $2.02 billion. The company's AI app-building platform Base44 is approaching $250 million in annual recurring revenue, with a non-GAAP gross margin of 58% in Q3 expected to exceed 60% in
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